IFSC Code, MICR Codes for BANK OF INDIA in JHARKHAND - LACHRAGARH (DIST. SIMDEGA) - LACHRAGARH (DIST. SIMDEGA) - LACHRAGARH

BANK OF INDIA RTGS HO Branch in LACHRAGARH (DIST. SIMDEGA) - Address, IFSC, MICR Code


IFSC Code

BKID0004919

MICR Code

835013701

Branch

LACHRAGARH

Contact

6527275656

Address

AT & POST LACHRAGARHDISTRICT SIMDEGA

City

LACHRAGARH (DIST. SIMDEGA)

District

LACHRAGARH (DIST. SIMDEGA)

State

JHARKHAND





What is IFSC Code of BANK OF INDIA situated at LACHRAGARH- RTGS-HO?
IFSC Code of BANK OF INDIA situated at LACHRAGARH - RTGS-HO is

BKID0004919

What is the meaning of IFSC Code, MICR Codes in Banking industry?
IFSC or Indian Financial System Code is the code allocated to all banks branches. Bank branches use this code to participate in RTGS and NEFT transactions.

What is the significance of IFSC Code and how we can use it?
IFSC Code is a 11 digit code and we can use this code to communicate between different branches of different banks. Upon receiving the request for fund transfer it is easy for a bank to identify the payee branch. First four characters are code of bank, last six digits are branch code and fifth character is left 0, for any future use.